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Nalezeno "CBDC": 2293

U.S. Republican Senators Renew Efforts to Block CBDC Implementation


US Senators have renewed their assault on any potential central bank digital currency (CBDC) based on the dollar. Republican lawmakers including Ted Cruz, Bill Hagerty, Rick Scott, Ted Budd, and Mike Braun, yesterday filed The CBDC Anti-Surveillance State Act. Their proposal pulls no punches....

Republican Senators Propose Legislation to Prohibit CBDC: The Hill


U.S. GOP legislators have proposed a bill to ban Federal Reserve-backed central bank digital currencies, citing concerns over privacy and government access to citizens’ spending data. The post Republican Senators Propose Legislation to Prohibit CBDC: The Hill appeared first on Cryptonews

Chinese Authority Warns of Fake Digital Yuan App Scam


Chinese Ministry of Industry and Information Technology cautions against counterfeit digital yuan apps as scam tactics evolve, urging the public to verify through official channels. The post Chinese Authority Warns of Fake Digital Yuan App Scam appeared first on Cryptonews

Car Buyers in China Now Can Pre-Pay with Digital Yuan Smart Contracts


China’s Shenzhen has introduced a new era of automotive purchasing with digital yuan smart contracts, offering enhanced pre-payment security for car buyers in collaboration with Agricultural Bank of China. The post Car Buyers in China Now Can Pre-Pay with Digital Yuan Smart Contracts appeared first...

ECB Addresses Banking Industry’s Concerns on Digital Euro


The ECB responded to concerns from financial institutions on fears regarding disintermediation with the evolution of a digital euro. The post ECB Addresses Banking Industry’s Concerns on Digital Euro appeared first on Cryptonews

Philippines to Develop Blockchainless Wholesale CBDC in Two Years


The Central Bank of the Philippines will develop a central bank digital currency (CBDC) in the next two years, according to Governor Eli Remolona Jr. The still unnamed CBDC will focus on the wholesale market and won’t use blockchain tech, instead relying on the Philippine Payment...

Veteran Investor Jim Rogers Skeptical About Bitcoin as Future Currency


Legendary investor Jim Rogers believes that governments are unlikely to authorize Bitcoin, or other major cryptocurrencies, as official fiat money. “I don’t see cryptocurrencies becoming money because governments do not want that competition,” he said in a recent interview with Kitco News....

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